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Search Results 0 to 49 of about 50 (some duplicates have been removed)
by threatening to withold key auto parts from reaching gm's assembly line. "the hedge fund held up steering columns and other things that had gm not gotten them, they would've gone under. chrysler as well." "they were literally willing to risk the survival of gm to make as much money as they could." steven rattner, former counselor to the treasury during the bailout period, called it "extortion demands by barbary pirates." palast says delphi relocated parts plants in china and emerged from bankruptcy, going public last year. the company, purchased by the romneys' hedge fund at 67 cents per share in 2009, sold for $22 a share at the ipo - a 3,000% profit for investors like the romneys. a return largely the result of the auto bailout that romney so publically opposes. "it further solidifies the democrats' and labor's picture of romney as out-of-touch and more interested in personal wealth creation than job creation." with the presidential election less than a week away, the coalition of union and good government groups is urging the office of government ethics to act now to ensure mitt romney
have gm and chrysler, their chief furious over this line of attack centered around the auto industry. i want to play what the president said today regarding the auto ads from the romney campaign. >> you have folks that work at the jeep plant who have been calling their employers worried, asking, is it true? are our jobs being shipped to china? the reason they make these calls is because governor romney is running an ad that says so. except it's not true. everybody knows it's not true. >> and anne, in addition to not being truce, you see people in ohio taking it as cynical. they make people believe it's bad and horrible and somebody in china is about to take your job. >> that's the real risk for governor romney in running an ad like this, although obviously he had his reasons for doing so. the campaign obviously seeing ohio as does everyone as being it is lynchpin to be elected. anything he could do, if there are voters who are all right feeling skeptical of the auto bailout who might buy this, that's who this is targeted at. this is a fairly significant backlash, questioning of the fact
president obama talk about today are gm's reaction to mitt romney and this ad that his campaign has been running. >> that's critical. >> it is critical. and local tv and local newspapers in this state, especially in the northern parts where president obama needs to do really well have been pounding mitt romney for that essentially false ad that has been debunked widely and now that chrysler and gm and their executives have come out against mitt romney, that's been a really big problem for mitt romney. >> and they're adding jobs, they're even adding jobs at the honda plant. in the end, will you both be watching the cleveland area, cuyahoga county on the list? >> and the columbus area where we are right now, which is one of the swing counties here. a very, very important. but the bottom line is turnout. if the obama/sherrod brown organization can bring out the vote, they can win this state. but, you know, a lot fewer people voted here in 2010 and the republicans ran the table in ohio. so unless some of those 2008 voters come out again, the ones who stayed home in 2010, obama could have som
gm. >> but if they didn't there be $25 billion in the whole. john: they're not paid back. >> again they took that money from taxpayers said the economy is worse. of industry may be ohio or detroit to save jobs but what about tennessee, indiana where other car manufacturers are worse off? john: honda or toyota in america? it is not like the auto industry was. >> not at all. >> it is not clear gm or chrysler would not be saved. airlines go through bankruptcy as a fly there is a high probability they would still exist to be scaled down. >> we lose manufacturing jobs. >> politicians love that like a fetish making phoenix to drop by your foot to is more a valuable than services. the mayor can economy is service based. they are devoted to make things you cannot necessarily say. john: that is not real. but a dollar earned and services is not less by a bold and manufacturing. it is not true. manufacturing is doing well. it has increased but the politicians don't get it. >> they don't say it. it is big in the swing states. politically. how bad economics the government got you to replace my
in october, despite hurricane sdy crimping sales in the final days of the month.i sales at g.m. rose almost 5% on strength in its cadillac and buick brands. at ford, sales barely budged, just four tenths of a percent. thauto maker believes the massive storm cost the industry as many as 25,000 sales in the last three days of the month.au chrysler was up 10%, led by its ram pickup truck. toyota's sales were up 16%, while honda gained about half that. also from ford today, some management news that looks like a succession plan. mark fields was tapped to be chief operating officer, a move seen as steering him to eventually take the wheel from ford c.e.o. alan mulally. diane eastabrook reports. >> reporter: as chief operating officer, 51-year-old mark fields will run the day-to-day operations at ford, and will charge of weekly business review meetings. 67-year-old alan mulally will remain c.e.o. through 2014, focusing on global products and the long-term strategy of the company. fields, a 23-year ford veteran,s was handpicked by chairman bill ford sen years ago to run the company's north american
as white sox' general manager hit close to home for the former g-m. the son of kenny williams was traded to colorado for the son of former rockies manager, jim tracy. first baseman, mark tracy. the white sox picked ken williams junior in the sixth round of the 2008 draft. he hit two- fifty with thirty r- b-i in double- a last season. ryan dempster could return to the cubs. he's a free agent now, and g-m jed hoyer had preliminary talks with dempster's agent. the cubs are looking to bring in a veteran pitcher who would sign a short- term deal, but dempster could be too high- priced. hoyer says the team still has a good relationship with dempster, despite the failed trade to atlanta last season. that's a look at sports. your live illinois lottery drawing is next. winning pick 3 numbers. >>1,4,0 winning pick 4 numbers. 3,6,0,2 get yourself a ticket. have a glorious afternoon. i love how clean and healthy my mouth is right now. i wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97
the bloom to consumers to seven government had to save gm. >> but if they didn't there be $25 billion in the whole. john: they're not paid back. >> again they took that money from taxpayers said the economy is worse. of industry may be ohio or detroit to save jobs but what about tennessee, indiana where other car manufacturers are worse off? john: honda or toyota in america? it is not like the auto industry was. >> not at all. >> it is not clear gm or chrysler would not be saved. airlines go through bankruptcy as a fly there is a high probability they would still exist to be scaled down. >> we lose manufacturing jobs. >> politicians love that like a fetish making phoenix to drop by your foot to is more a valuable than services. the mayor can economy is service based. they are devoted to make things you cannot necessarily say. john: that is not real. but a dollar earned and services is not less by a bold and manufacturing. it is not true. manufacturing is doing well. it has increased but the politicians don't get it. >> they don't say it. it is big in the swing states. states. politic
of this franchise and -- as he said we're just not working together as gm manager. we're friends. i can't appreciate more how supportive he's been throughout of this with me. he's the genius that put this talent together to help get this done. to mayor lee, the city of san francisco, to the fans with your enthusiasm, your dedication, your enwaiverring support i thank you. i thank you for always being there. i thank you for never giving up. i thank you for showing up wherever we have been and thank you for making this one of the greatest moments of my life. thank you. [cheers and applause] >> great job bochy. for somebody uses vice for a living it's never good to follow him. he's got the pipes. well, john, dwayne and mike are and are privileged to be part of this giants organization, to be the giants broadcasters but we're not the only four. there are two other members of the giants broadcast team who are critical to what we do and i think the best spanish language speaking broadcast in baseball and we want to become them to the podium now and been the voice for the giants for sp
they used to zap your youth. the cloaca i think it's called. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. (laughter) >> jon: sold chrysler to italians what, we're afraid of italians now? >> if obama wins, it will be the pope deciding what you drive. (laughter) one day they're ruining our car companies, the next day they'll be kissing our daughters with their garlicky lips. (laughter) by the way, apparently the classic italians are going to move american jeeps making jobs to china. why you say these things, mitt romney. kuz now i gotta makea the nice people of ohio say another ad saying that's [bleep]. >> after romney's false claim of jeep outsourcing to china chrysler itself has refuted romney's lie. >> jon: how out there is mitt romney, i a car company, the people who convince you you need the undercoating are coming after him for his dishonesty. (laughter) you might say well hey, why don't they just turn off the tv and leave the house and live their life. >> because you can't hide, because the candidates are [bleep] ev
campaign has countered with a new ad in ohio and michigan. >> gm calls romney's ads politics at its cynical worst. and chrysler's ceo said it's simply not true. we know the truth, mitt. >> that's exactly what i said. the headline you read which is let detroit go bankrupt. >> when romney airs these grossly false ads, it opens up the door obviously for the obama campaign to hit back hard. in the state of florida it actually gets worse. romney desperately needs to win the state of florida and he is running a spanish language ad meant to stoke the fears of cuban-americans. the ad tries to connect president obama to venezuelan president hugo chavez and fidel castro. "the miami herald" reports the romney campaign would not furnish the ad despite repeated requests. in other words, the ad is so outrageous, the romney campaign tried to slip it under the radar. obviously the strategy is backfiring. let's turn to annette taddeo, member of the miami-dade democratic party. annette, great to have you with us tonight. i keep saying the bread basket to victory for president obama is going to be south flori
are told governor romney to knock it off. gm said, we have been creating jobs in the united states should be a sort of bipartisan pride and i couldn't agree more. and i understand that governor romney has had a tough time here in ohio because he was against saving the auto industry and it's hard to run away from that position when you're on videotape saying the words, let detroit go bankrupt. and i know we're close to an election, but this isn't a game. these are people's jobs. these are people's lives. these car companies are putting a lot of effort to make great products, but also to make sure that everybody in america knows how committed they are to making cars here in america. so you don't scare hard work and americans just to scare up some votes. that's not what being president is all about. that's not leadership. when i first made the decision to rescue the auto industry, i knew it wasn't popular. and despite the fact that one out of eight jobs in ohio are connected to the auto industry in some way, it wasn't even popular here in ohio. but i knew it was the right thing to do. i knew
chrysler and gm and ordered to ship those jobs, and the production overseas to china. that was shall did -- and he got attacked by the republican papers in the state including the youngstown vindicater being indefensible. and i just think it had to be the product of, conclusion that the auto bailout really was a mountain too high for him to climb. and they had to somehow destroy booma's credibility. >> woodruff: and the romney campaign is saying the ad is accurate, that it is factual. >> they seem to be the only ones though, to be honest saying that. and so one of the questions of the campaign is does that hurt. has anybody been hurt by doing a dishonest adment so far we haven't seen that much evidence. i do think there is some evidence that people are just getting sick of it they are saying this is the most dishonest race we've seen. so it is possible that some of t very early ads that obama ran against romney last summer could turn out to be the crucial things that turn the whole election, i think a number of them were dishonest. maybe not as dishonest opinions about romney's business
% return and they held gm hostage for the part, and extorted gm for the parts. that would be on the 2009 tax return. >> stephanie: right. >> caller: and the reasoning that bob king investigated in this is because of the ads that mitt romney is running. he said they are hurting the brand image of these companies and usually auto makers and whatever, they refrain from anything political. >> stephanie: that's right. >> caller: but because of this going on, they threw their hat in the ring, so all he is doing is hurting himself. >> stephanie: yeah, and this charity loophole -- i'm not sure which is the bigger story, liz. have you heard that one? >> >> caller: no, i haven't. >> stephanie: this loophole that he's using. remember he said oh what he gave to charity -- anyway. i'll find the details. i'm just talking in circles now -- >> you are drunk. >> and 09 was also the year that there was amnesty for people with swiss bank accounts. >> stephanie: and george bush is speaking in the kaymen islands this weekend. where bill clinton can be on the campaign trial for president ob
to the back and fourth over the one ad run in ohio. >> obama took g.m. and chrysler to bankruptcy and sold chrysler to italliance who would build jeeps. romney will fight for every american job. >> you have folks working at the jeep plant calling employer worried asking is it true are the jobs shipped to china? the reason they make calls is governor romney is running an ad that said so. it's not true. >> the head of chrysler confirmed the romney ad said the company intended to return jeep production to china. world's largest auto market. in order to satisfy local market demand. obviously touchy. there is one speech that romney said take the jobs from ohio to china. the add does not say that. whether it infers that is neither here nor there. but chrysler-fiat is building jeeps in china. number one. number two, models in italy including jeeps are going to be exported in to the u.s. what about the controversy. >> the "new york times" had this alone to say it concentrate on ad that will stretch the truth is unbeliev unbelievable. they want to liquidate the auto company and disappear in thin ai
took gm into bankruptcy and sold chrysler to italian who is are going to build jeeps in china. >> of course it turns out it's not true. the company ceo told governor romney himself knock it off. >> reporter: the squabble over that spot has made headlines here in ohio, the obama campaign hit back on air. >> politics at its cynical worst. >> reporter: on a stump the president is casting it as part of a larger message. >> massaging the facts when they're inconvenient to your campaign, that's definitely not change. that's the oldest trick in the book. yeah. that's what governor romney's been doing these last few weeks. and i know what real change looks like because i've fought for it. right along side you. and after all we've been through together, we sure can't give up now. >> report from cnn's jessica yellin. she's with the president in lima, ohio, right now. we'll speak with her later. we have reporters all over the country right now getting ready for tuesday's election. they're in all the key battleground states. much more coming up from all of these reporters. meanwhile, the
october since 2007 with a 10% increase. g.m. sales were up 5%, while ford's numbers increased not quite half a percent. wall street headed higher after new reports showed consumer confidence and manufacturing on the rise. the dow jones industrial average gained 136 points to close at 13,232. the nasdaq rose more than 42 points to close at 3,020. those are some of the day's major stories. now, back to judy. >> woodruff: after devoting the first half of the week to hurricane sandy and its aftermath, the president returned to the campaign trail today. with the election around the corner, mr. obama received a surprise endorsement. with the devastation of the megastorm consuming his attention, new york city mayor michael bloomberg surprised the political world today by endorsing president obama for re-election. in a statement, bloomberg said the hurricane's cost "in lost lives, lost homes and lost business brought the stakes of tuesday's presidential election into sharp relief." he credited mr. obama with taking major steps to reduce carbon consumption and noted not only president obama's po
industry, but for who? ohio or china? gm cut 15,000 american jobs, but they are planning to double the number of cars in china which means 15,000 more jobs for china. chrysler plans to start making jeeps in china. what happened to the promises made to autoworkers in ohio? this same hard-working men and women who were told the auto bailout would help them. mitt romney would welcome the auto industry baneber. mitt romney, he will stand up for the auto industry in ohio. not china. host: so that is a radio ad that we were talking about. this has been on television ads across all media markets as well. guest: what i have seen in northeast ohio, yes, there is a version of that that runs. it has drawn a strong rebuke from the owners of chrysler. again, it is taking two unrelated things and trying to argue that the president is responsible for the shipping of jobs to china. there are investment being made in jeep in ohio. i think it is an example of how important the although voter is. -- the auto voter is. there may be some people who peel off who get upset about that china issue. host: r
was in youngstown where the large gm plant exists. look at the swing states, florida, ohio and virginia and florida's unemployment rate is high er th higher that on the national average but virginia and ohio are lower. around here people are feeling good and like it is in an upswing. i'm in toledo and they have a good deal of vacancy in the downtown buildings, but they are coming back. the question is who do you credit? this state has a republican governor like florida and virginia and wisconsin and who to you credit for this? most people talking about here are showing what the polls are showing a slight edge for obama. and the question is who goes otut vote and whout to vote, and what happen s s toe undecideds, because there are still some. >> and we will let the viewers know how it stands in ohio. i though you have to get back on the tour bus. appreciate your doing that for us. >>> and the key battleground state ohio, and no offense, florida, because we love you, too. but i want to let you know about a buckeye presidential poll that will kick off at 4:00 p.m. on cn. meanwhile on the october jobs
in china, which a later romney ad accurately repeated. listen. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> reporter: but democrats cried foul and even fact checkers said while it was technically accurate, it was misleading. that prompted angry accusations from everyone up to and including president obama, as you mentioned earlier. listen. >> you've got folks who work at the jeep plant who have been calling their employers, worried, asking, is it true, are our jobs being shipped to china? and the reason they are making these calls is because governor romney has been running an ad that says so. except it's not true. >> reporter: nevertheless the head of fiat-chrysler confirmed exactly what the romney ad said that the company had intended to return jeep production to china, the world's largest automarket in order to satisfy local market demand. the controversy of course is touchy because getting bailed out by american tax dollars a company was deciding to crea
like. >> we're in toledo. >> we were in youngstown yesterday. it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is evidence that this is 32 straight months of private sector growth, and you have mitt romney on the other side saying that it's a sad reminder that the economy is at a standstill. his own words. beyond the spin here, what do you think voters are hearing when they hear this number today, and does it even change their perception at all of how the economy is doing? to either one of you. >> suzanne, you know, the uptick is not great news for the obama campaign. it is still -- >> this is a 7.8% to 7.9%. >> that's the top line number that people pay a
credit for the survival of gm and chrysler. >> i understand governor romney has time in ohio because he was against it in the auto industry and hard to run away from that position when you're on videotape saying the words let detroit go bankrupt. dennis: geometrics or went bankrupt a merge with help in federal financing. governor romney's plan would government providing guarantees for post-bank of the financing. meanwhile in wisconsin governor romney hit his campaign closing argument. >> he is so sure of that he has one big plan for the next four years. he wants to take all the ideas from the first term, the stimulus, the borrowing, obamacare, all the rest and do it all over again. that idea can be boiled down to four words, more of the same. dennis: president obama spends all day in the buckeye state. back to you. cheryl: more breaking news continuing into fox business. fema now arriving in staten island. let's go back to the latest there. cheryl: this is national guard distributing supplies to people who need party, and they set this up about 10 minutes ago. the bunch of people taking
weeks right here in ohio. at to got folks who work be gm plant calling their employers worried asking if it is true that our jobs are being shipped to china. governor romney has been running an ad that says so. except that it's not true. everybody knows it's not true. it the companies themselves have told them they are cutting jobs. creating jobs in america should be a point of partisan pride in what sh-- and i could not agree more. romney has had a tough time in ohio because he was against saving the automobile industry. saying "lead detroit go bankrupt." this is not a game. these are people's jobs. these are people's lives. these car companies are putting a lot of effort into making great products but also making sure that everyone in america knows how committed they are to making cars here in america. you do not scare hard-working americans just to scare up some votes. that's not what being president is all about. that's not leadership. when i first made the decision to rescue the automobile industry, i knew it was not popular. one out of eight jobs in ohio are connected to the aut
. attorney general, as i remember, mitt romney wrote that op ed and said essentially the gm should go through a managed bankruptcy, which they did, which the president says that's essentially what saved the car industry. mr. attorney general? >> couple of things. first of all, ohio's recovery, if you look at the statistics, we've really not had the growth in the auto industry. what we've had is the growth as far as new jobs being created, in other areas. auto industry certainly is very, very important for the state. i don't think there is an area where the obama campaign is exaggerated more or misled more than on this issue. if you look back at the facts, what you had is a situation where governor romney said we needed federal intervention. he wanted to do it differently. the obama administration ended up taking detroit into bankruptcy. so for them to say that obama did not want to do that or that they had a different point of view, romney didn't want to do that is absolutely crazy. >> steve: governor, the fine word. >> the governor's own department of don't had just put -- development had ju
to become independent. for instance, we can say you can't use vermont land and water for the growth of gm note. we can't prohibit the sale of them in this state because we are still bound by the commerce clause, but we can for him with our land and water from being used for that purpose and we must go ahead and do that. we can prevent the vioxx problems. we don't have to have 100,000 people died because the fda screwed up. we can have our own fda, and what we must do is have an independent investigation of the three buildings that came down in manhattan because it is impossible for three buildings to come down in their own footprint at free full speed unless they are controlled demolition. we have to carry on that investigation in vermont. >> moderator: republican john macgovern your up next. macgovern: thanks for hosting this debate and all the candidates here. i'm running because i believe this is one of the most important elections in our lifetime. this country is clearly on the wrong track. it's on the wrong track because of the people we send to washington. washington has become dysf
or china? gm cut 15,000 american jobs, but they are planning to double the number of cars in china which means 15,000 more jobs for china. chrysler plans to start making jeeps in china. what happened to the promises made to autoworkers in ohio? this same hard-working men and women who were told the auto bailout would help them. mitt romney would welcome the auto industry. mitt romney, he will stand up for the auto industry in ohio. not china. host: so that is a radio ad that we were talking about. this has been on television ads across all media markets as well. guest: what i have seen in northeast ohio, yes, there is a version of that that runs. it has drawn a strong rebuke from the owners of chrysler. again, it is taking two unrelated things and trying to argue that the president is responsible for the shipping of jobs to china. there are investments being made in jeep in ohio. i think it is an example of how important the although voter is. -- the auto voter is. there may be some people who peel off who get upset about that china issue. host: running ads directly challenging the mitt
Search Results 0 to 49 of about 50 (some duplicates have been removed)